VAN COLEN POTATOES
ActiveSummary
VAN COLEN POTATOES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.45M and a net result of €1.06M. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+59
Solvency45▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.31 in 2024; short-term debt: 13.6% and cash: 4.7% of total assets), but 80% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20%
Return on assets
6.1%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 4867 sector peers (2025).
NBB · sector comparisonPosition among 4867 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
4 d late
2023
33 d early
2022
1 d early
2021
24 d late
2020
8 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€15.45M
EBIT margin
9.1%
Net result
€1.06M
2024 · €-909k
2019: €12k
2020: €95k
2021: €148k
2022: €436k
2023: €736k
2024: €-909k
2019 → 2025
Working capital
€1.91M▲ 53.3%
2024 · €1.25M
2019: €527k
2020: €753k
2021: €891k
2022: €1.61M
2023: €1.56M
2024: €1.25M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€15.45M
Equity€995k-€1.43M▲ 43.8%€2.17M▲ 51.4%€2.42M▲ 11.9%€3.45M▲ 42.5%
Operating result€198k-€482k▲ 144%€853k▲ 77.0%€-715k€1.41M
Net result€148k-€436k▲ 194%€736k▲ 68.7%€-909k€1.06M
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1.41M after a loss of €715k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.30M
Fixed assets
€13.03M ▲ 6.8%
Current assets
€4.27M ▼ 18.0%
Equity and liabilities €17.30M
Equity
€3.45M ▲ 42.5%
Debt
€13.85M ▼ 7.6%
Debt's share of the balance-sheet total falls from 86.1% to 80.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.79M▲
2024 · €471k
Cash flow
€2.44M▲
2024 · €277k
Current ratio
1.81▲
2024 · 1.31
Quick ratio
1.76▲
2024 · 1.27
Debt to equity
4.01▼
2024 · 6.19
ROE
30.8%▲
2024 · -37.5%
ROA
6.1%▲
2024 · -5.2%
Interest coverage
7.24▲
2024 · 1.34
Debt ≤ 1 year
€2.36M▼
2024 · €3.96M
Debt > 1 year
€11.36M▲
2024 · €10.95M
Staff costs
€1.70M▲
2024 · €1.34M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 80 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17.42M€17.30M▼
Fixed assets21/28€12.21M€13.03M▲
Intangible fixed assets21€1.23M€1.07M▼
Tangible fixed assets22/27€10.96M€11.95M▲
Land and buildings22€6.50M€7.09M▲
Plant, machinery and equipment23€393k€704k▲
Furniture and vehicles24€348k€291k▼
Leasing and similar rights25€3.72M€3.86M▲
Financial fixed assets28€16k€20k▲
Other financial fixed assets284/8-€20k
Amounts receivable and cash guarantees285/8-€20k
Current assets29/58€5.21M€4.27M▼
Amounts receivable after more than one year29€738k€738k=
Other amounts receivable291€738k€738k=
Stocks and contracts in progress3€167k€125k▼
Stocks30/36€167k€125k▼
Goods purchased for resale34-€125k
Amounts receivable within one year40/41€2.98M€2.56M▼
Trade receivables40€2.82M€2.42M▼
Other amounts receivable41€160k€133k▼
Cash at bank and in hand54/58€1.27M€817k▼
Deferred charges and accrued income490/1€50k€33k▼
Equity and liabilities
Total equity and liabilities10/49€17.42M€17.30M▼
Equity10/15€2.42M€3.45M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€238k€238k=
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Tax-exempt reserves132€13k€13k=
Distributable reserves133€174k€174k=
Profit (loss) carried forward14€958k€2.02M▲
Investment grants15€1.17M€1.13M▼
Amounts payable17/49€14.99M€13.85M▼
Amounts payable after more than one year17€10.95M€11.36M▲
Financial debts170/4€10.81M€11.21M▲
Subordinated loans170-€949k
Leasing and similar obligations172-€3.02M
Credit institutions173-€7.24M
Trade debts175€145k€145k=
Bills of exchange payable1751-€145k
Amounts payable within one year42/48€3.96M€2.36M▼
Current portion of amounts payable after more than one year42€1.05M€1.13M▲
Trade debts44€2.74M€1.05M▼
Suppliers440/4€2.74M€1.05M▼
Taxes, remuneration and social security45€179k€173k▼
Taxes450/3€7k€7k▲
Remuneration and social security454/9€172k€166k▼
Accrued charges and deferred income492/3€78k€137k▲
Income statement
Code20242025
Operating income70/76A-€15.51M
Turnover70-€15.45M
Other operating income74-€59k
Non-recurring operating income76A€98k-
Operating charges60/66A-€14.10M
Goods for resale, raw materials and consumables60-€7.64M
Purchases600/8-€7.60M
Change in stocks: decrease (increase)609-€42k
Services and other goods61-€3.21M
Remuneration, social security and pensions62€1.34M€1.70M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.19M€1.38M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€83k▲
Other operating charges640/8€72k€87k▲
Gross operating margin9900€1.88M-
Operating profit (loss)9901€-715k€1.41M▲
Financial income75/76B€157k€42k▼
Recurring financial income75€133k€42k▼
Other financial income752/9-€42k
Non-recurring financial income76B€24k€0▼
Financial charges65/66B€351k€388k▲
Recurring financial charges65€351k€388k▲
Debt charges650-€385k
Other financial charges652/9-€3k
Profit (loss) for the period before taxes9903€-909k€1.06M▲
Income taxes67/77€0-
Profit (loss) for the period9904€-909k€1.06M▲
Profit (loss) for the period to be appropriated9905€-909k€1.06M▲
Appropriation of the result
Profit (loss) to be appropriated9906€958k€2.02M▲
Profit (loss) brought forward from the previous period14P€1.87M€958k▼
Social balance
Average headcount (FTE)908729.737.4▲
The notes to these accounts (73 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
30-06
Financial
Back to profitnet €1.06M
Net result €1.06M after one loss-making year.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
30-06
Financial
Weakest financial yearnet €-909k ▼224%
Net result drops to €-909k, the lowest in the series; recovery starts the following year.
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Equity above €2MEq €2.17M ▲51.4%
5 profitable years in a row build equity to €2.17M.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €1MEq €1.43M ▲43.8%
4 profitable years in a row build equity to €1.43M.
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 8 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geer · 2 establishment units since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Spinette 94250 GeerGround area
1.6 ha
Building footprint
5,565 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Van Colen Potatoes
since 20182.274.530.531
Van Colen Potatoes
since 20232.348.169.565
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64029A0504/00A000 | Wallonia | 1.6 ha | 1 · 5,505 m² | - |
| 64064A0375/00B002indicative | Wallonia | 524 m² | 1 · 60 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesGeer2.348.169.565
Berloz2.274.530.531
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TIHABO
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LATHOUWERS & C°
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Of 141 companies in sector 46311 we hold annual accounts for 97. 51 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-06-2007
Fiscal year end30-06
Activities, NACEBEL 2025
10311Manufacture of food products
46311Wholesale trade
46381Wholesale trade
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.